Netcall (LON:NET) Hits New 12-Month High – Time to Buy?

Shares of Netcall plc (LON:NET) reached a new 52-week high on Tuesday . The company traded as high as GBX 119 ($1.54) and last traded at GBX 115.10 ($1.49), with a volume of 802655 shares traded. The stock had previously closed at GBX 117 ($1.51).

Wall Street Analyst Weigh In

Several research firms recently issued reports on NET. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 130 ($1.68) price target on shares of Netcall in a report on Tuesday, December 17th. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 130 ($1.68) price target on shares of Netcall in a research report on Friday, March 14th.

Netcall Stock Performance

The company has a current ratio of 1.22, a quick ratio of 0.88 and a debt-to-equity ratio of 1.19. The stock’s 50-day moving average price is GBX 111.59 and its 200-day moving average price is GBX 101.93. The company has a market capitalization of £190.25 million, a P/E ratio of 32.41 and a beta of 0.23.

Netcall (LON:NET) last issued its earnings results on Wednesday, March 5th. The company reported GBX 2.22 ($0.03) earnings per share (EPS) for the quarter. Netcall had a net margin of 14.99% and a return on equity of 14.95%. As a group, equities analysts expect that Netcall plc will post 3.7029017 EPS for the current year.

Insider Activity at Netcall

In related news, insider Henrik Bang sold 1,717,000 shares of the firm’s stock in a transaction that occurred on Wednesday, January 8th. The stock was sold at an average price of GBX 111 ($1.43), for a total value of £1,905,870 ($2,462,682.52). Also, insider Michael Jackson sold 300,000 shares of Netcall stock in a transaction on Tuesday, March 18th. The shares were sold at an average price of GBX 116 ($1.50), for a total value of £348,000 ($449,670.50). Insiders sold 2,197,000 shares of company stock worth $245,187,000 in the last 90 days. 11.47% of the stock is currently owned by company insiders.

Netcall Company Profile

Netcall is a leading provider of Intelligent Automation and Customer Engagement software enabling customers to digitally transform their businesses faster and more efficiently, empowering them to become leaner, more customer-centric organisations.

Netcall achieves this through its industry-leading Liberty Platform which provides a tightly integrated suite of low-code, customer engagement and contact centre solutions, helping organisations to manage and improve customer experience, effortlessly.

The Group’s customers span enterprise, healthcare and government sectors including two-thirds of the NHS Acute Health Trusts and leading corporates such as Legal and General, Lloyds Banking Group, Aon and Santander.